Perspectives
Insurance, AI, and the Great Resignation
April 24, 2023
Increase impact by more than 34% with external data integration
Grow hit rate 3x or more
Accelerate investigation cycle 4x
Work with industry experts
Insurers know that better data means better fraud decisions. Partnering with Shift provides access to the best external data sources delivering over a third increase in fraud stopped.
Global data approach
We identify and integrate the best local data sources across the globe to create maximum tailored impact.
Pre-built integration
Strategic partnership strategy
The three pillars of data integration
Data integration is a critical component to finding more fraud, but it needs three things in order to work - ownership, retrieval, and analytics. These elements work together allowing insurers to fully access and utilize their data.
In this report, Shift's data experts discuss these three pillars of data integration and how they impact fraud detection maturity
- Ownership - Managing internal and external data
- Retrieval - Retrieving and linking data
- Analytics - Analysis automation and decision
Customer Success Stories
Validated more claims than ever before
“Shift does in a matter of minutes what would take days for a team of analysts to complete, and Shift does it with incredible accuracy.”
Alex Punsalan
Senior Vice President, Assurant
$12M in fraud stopped
“Using Shift Claims Fraud Detection we are able to identify suspicious activities in real time, at FNOL and throughout the claims process.”
Samuel Klaus
Head of Fraud, AXA Switzerland
Reduced Time to Process
“[Shift] improves our ability to detect fraud by reducing the number of false positives and provides our claims handlers with the right tools for investigations.”
Janny Druon
Head of Claims Analytics, L’olivier
Fighting Fraud at an Industry Scale
“By harnessing Shift’s fraud detection technology, our members can now identify connections between people, providers and claims - it’s a game changer in our collective fight against fraud.”
Ho Kai Weng
CE, GIA
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Learn how Shift can help you successfully identify, investigate and prevent more fraud